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Aug 2, 2016 7:52 AM

Curvy and beautiful - GBPUSD The Future Short

British Pound/U.S. DollarFXCM

Description

Looking forwards to NFP day, but even more to Thursday where we will see some monster U.K based eco madness. Got to love the emotional build up to these days along with the volume levels!

Red marks my stop. Orange my entry. Green my limit level.

My analysis shows two curves, one historical, one projected.
Using several basic analysis techniques the chart also has a large compounding wedge dominating the predictive outcome.

#Ishouldbuyaboat

Trade closed: stop reached

I should be buying a toy boat....

Not a good short set but fortunately well covered with Long positions the moment I saw what was up :)
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